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Volume Price Confirmation Index
Thought some of you might enjoy this. Its a volume based indicator discussed
in the March '05 edition of Active Trader. By using just the VPR I think you will find a most useful indicator ... change the last line to VPR.



Volume Price Confirmation Index

{Active Trader March 2005}
Pdsa:=input("longterm vol periods",1,500,50);
VPR:= (mov(c,pds,vol)/mov(c,pds,s))*VPC;
VM:= mov(v,pds,s)/mov(v,pdsa,s);


Source / From: TOP

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